NSE: ETERNAL · BSE: 543320 · ISIN INE758T01015
ETERNAL LIMITED stock analysis
ETERNAL LIMITED ranks #1963 in the TickerSutra evidence-ranked universe with a score of 49/100 and 86% data confidence. The latest captured fundamentals show ROCE of 2.5%, quarterly sales growth of 182.0% and quarterly profit growth of 268.0%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.15×
- 97.3% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
- Extreme base-effect growth requires manual validation
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹4,192cr | ₹-1,851cr | ₹-1,222cr | -44.0% |
| 2023 | ₹7,079cr | ₹-1,211cr | ₹-971cr | -17.0% |
| 2024 | ₹12,114cr | ₹43cr | ₹351cr | 0.3% |
| 2025 | ₹20,243cr | ₹637cr | ₹527cr | 3.1% |
| 2026 | ₹54,364cr | ₹1,208cr | ₹366cr | 2.2% |
| TTM | ₹67,408cr | ₹1,687cr | ₹433cr | 2.5% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Eternal Limited has informed the Exchange regarding the Trading Window Closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.
RoutineGeneral UpdatesNSE · 18 Sept 2026Eternal Limited has filed with exchange ESG rating assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited
RoutineEternal Ltd - 543320 - General UpdatesBSE · 18 Sept 2026Eternal Limited has filed with exchange ESG rating assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited
MANAGEMENT COMMENTARY
Signals from filed documents
Key risk factors include capital-fueled expansions by quick commerce rivals and the entry of new players. Furthermore, aggressive competitor tactics—such as eliminating user handling fees and lowering delivery fee thresholds—exert strong pricing pressure, triggering risk of customer migration or heightened monthly inactivity on our B2C marketplaces. To protect market share and strengthen our operational moats, Eterna
Negative Implication- Ineffective management of macroeconomic and geopolitical volatility may lead to rising input costs, compressing margins. Heightened uncertainty could also delay strategic investments and expansion plans, ultimately impacting profitability, cash flows and long-term growth prospects. ȣIntergovernmental Panel on Climate Change (IPCC) RCPs (Representative Concentration Pathways) are climate scenario
Do you intend to utilize that incrementally in some sort to increase Page 14 of 17 growth? Otherwise, do you believe there could potentially be upside risk to that NOV margin guidance that you have provided in the past? Akshant Goyal: This has always been the case that we are more leaning towards growth.
Negative implication- Inadequate health & safety measures across operations can increase the risk of work-related injuries or casualties, adversely affecting well-being. Failure to uphold human rights, including the right to safe working conditions, may lead to business disruptions, regulatory penalties, legal liabilities and cause reputational damage, resulting in negative financial impact. 95 Financial StatementsSt
That number has been broadly flat for a long period of time. Any sense as to when can we see some uplift in that number because presumably that is where you will get a decent bit of operating leverage? Page 8 of 17 Akshant Goyal: As Albinder mentioned, the contours of the business might keep on changing.
Equity shares with differential rights and sweat equity shares During the financial year under review, the Company has neither issued sweat equity shares nor issued equity shares with differential rights as to dividend, voting or otherwise. Directors and Key Managerial Personnel (“KMP”) Appointment / re-appointment or resignation of director(s) During the financial year under review, following appointment/re-appointm
In the past, going by the last 12 to 18 months, experiences and examples like the GST hike happened, where we were fairly easily able to pass it on to consumers without too much impact on demand. Unless it's a drastic increase, I don't expect fuel price increase to have a meaningful impact on margins in our business. Ladies and gentlemen, we will now conclude this conference call.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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